Italy seeks new options for TIM with network bid seen on hold

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The story "Italy seeks new options for TIM with network bid seen on hold" was covered 3 months ago by Channel News Asia, a news publisher based in Singapore.

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Italy seeks new options for TIM with network bid seen on hold - Channel News Asia

Quick Summary:

MILAN : Italy is working to find by the end of the year the best market-friendly options for struggling Telecom Italia (TIM), signaling that a planned bid for the phone group's landline grid by state lender CDP has been put on hold.

FILE PHOTO: The Tim logo is seen at its headquarters in Rome, Italy November 22, 2021.

TIM, which is expected to hold a board meeting on Wednesday to discuss governance issues, had no immediate comment.